Mon, Dec 09, 2013 - Page 15 News List

Pakistan turns to China for development support


Pakistan and China presently have annual bilateral trade of about US$12 billion and are trying to take it to US$15 billion in the next three years, though Iqbal said Sharif is dreaming of doubling this volume.

For China, investing in Pakistan’s crumbling infrastructure is a chance to boost trade, but also about using its southwestern neighbor’s workforce as it seeks to keep prices down while satisfying growing domestic demand.

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